Common use of Limitation on Certain Debt Clause in Contracts

Limitation on Certain Debt. Except for the Commitments under the Loan Documents, at any time enter into, assume or suffer to exist lines of credit or comparable extensions of credit from one or more commercial banks (or their Affiliates) under which the Borrower has incurred or may incur aggregate Debt in excess of $25,000,000.

Appears in 2 contracts

Samples: Credit Agreement (Aqua America Inc), Credit Agreement (Aqua America Inc)

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Limitation on Certain Debt. Except for the Commitments under the Loan Documents, at any time enter into, assume or suffer to exist lines of credit or comparable extensions of credit from one or more commercial banks (or their Affiliates) under which the Borrower has incurred or may incur aggregate Debt in excess of $25,000,00015,000,000.

Appears in 1 contract

Samples: Credit Agreement (Aqua America Inc)

Limitation on Certain Debt. Except for the Commitments under the Loan DocumentsDocuments and the Term Loan Facility, at any time enter into, assume or suffer to exist lines of credit or comparable extensions of credit from one or more commercial banks (or their Affiliates) under which the Borrower has incurred or may incur aggregate Debt in excess of $25,000,00015,000,000.” DMEAST #19335512 v2

Appears in 1 contract

Samples: Credit Agreement (Aqua America Inc)

Limitation on Certain Debt. Except for the Loans and Commitments under the Loan DocumentsDocuments and the Term Loan Facilities, at any time enter into, assume or suffer to exist lines of credit or comparable extensions of credit from one or more commercial banks (or their Affiliates) under which the Borrower has incurred or may incur aggregate Debt in excess of $25,000,00015,000,000.

Appears in 1 contract

Samples: Credit Agreement (Aqua America Inc)

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Limitation on Certain Debt. Except for the Commitments under the Loan Documents, at any time enter into, assume or suffer to exist lines of credit or comparable extensions of credit from one or more commercial banks (or their Affiliates) under which the Borrower has incurred or may incur aggregate Debt in excess of $25,000,00015,000,000.”

Appears in 1 contract

Samples: Credit Agreement (Aqua America Inc)

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